Mallya gave away Tipu sword, can’t trust him on other assets: Indian banks

The embattled liquor tycoon gave away the rare sword in 2016 because his family told him it was bringing him “bad luck”, the London high court heard on Tuesday from the lawyer representing 13 Indian banks who Mallya owes about Rs 9,000 crore. The sword is worth £188,000 (about Rs 1.8 crore today).

from Times of India https://ift.tt/2qD4cK2
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